Nombres: Matrícula:

Alan Mauricio González Araujo 2861572

Diego Torres Sánchez 2842717
Ricardo Martínez Tovar 2857484
Oscar Arredondo Estudillo 2947475

Nombre del curso: International Nombre del profesor: Blanca Hernández

enviroments and business operations

Tema: Actividad: evidence part 4

Fecha: 23/04/2022
Bibliografía:

https://cursos.tecmilenio.mx/courses/82015/pages/my-course?
module_item_id=316937

1. Start with a brainy business quote that is relevant to your particular

project. [2 POINTS]

"To be successful, you have to have your heart in your business,

and your business in your heart"

2. Introduce yourself in order to generate empathy. [4 POINTS]

1. Who you are, who you work for (consultancy firm),
what brought you here, what it means to you to work
with them as a client.

Hi my name is Alan González, I work for INCON companies as a

business consultant. Working here means a lot because we provide a
specialized and independent consulting service that companies in
different industries turn to in order to find solutions to one or more of
their business problems or business needs,

3. Go straight to your findings on the current Mexican business

environment for the fictitious company you chose. [60 POINTS]
1. The relationship between Mexican demographics and
purchasing power. Is it favorable for them or their
products? We think that Mexican demographics can
help INCON companies to have purchase power in
base what we do and what services we offer.
2. How the Mexican political system can help or
undermine their endeavor. Maybe mexican political
system is not in order at all and it can undermine some
processes
 3. How it will play
out within the
Mexican economic system, in specific the economics
surrounding that specific industry. We can guide our
industry process with some specific regulations and
norms on base what we need and what we want.
4. How to use the Mexican legal system and relevant
government regulations to their favor. According to the
previous answer, we will use some specific regulations
according to our bussines norms and we want to use
some of these regulstions in our favor
5. How do foreign direct investments work in Mexico, and
if there any fiscal incentives they can take advantage
of. Some strongs points in Mexico investmentes are,
Mexico attracts the most fdi in central and south
america, mexico have a lot of natural resources,
industries and competetive prices, Mexico have a large
important industrial base
6. How is the Mexican peso doing? An analysis of the
current monetary trends around it.

The Mexican peso recovered some ground to 20.8 per

USD in the fourth week of March, as higher-than-
expected inflation data fuelled expectations that the
central bank will hold interest rates after a policy
meeting later in the week. The mid-March inflation rate
hit a near 2-year high of 4.12%, above the central
bank’s target range of 2% - 4% and beating market
expectations of 3.91%. Also, oil prices, one of Mexico’s
major exports, steadied at $60 per barrel, after hitting
an over 1-month low at $58 per barrel early in the
week. The Mexican Peso is expected to trade at 21.05
by the end of this quarter, according to Trading
Economics global macro models and analysts’
expectations. Looking forward, we estimate it to trade
at 21.50 in 12 months’
7. An insight on Mexican culture in the workplace: what
they will find and how to deal with it.

The Mexican culture in workplace is characterized by

strong hierarchies, an authoritarian leadership style,
low wages and long working hours. As a result,
Mexican workers are generally highly dissatisfied.
At this point, globalization has forced companies to
innovate in security, tracking, creation of databases,
scability and connection.
So, we think that values are important to be able to
have a stress- free environment, also, in this type of
companies, what they are looking for it is clarity,
 efficiency and
confidence with
transactions and information that are extremely
confidential

8. How to comply with relevant fiscal and/or

environmental regulations that apply to that specific
industry.

To comply with the fiscal terms, we have to verify Mexico

Fintech Law, according to which both these entities and
traditional banks can only carry out operations with this
type of assets internally and not with the general public.

9. What to expect about Mexican hiring practices,

employment benefits, minimum wage and the role of
labor unions

Mexican unions face a significant adaptation challenge, in

a context where not only do they have a strong loss of
prestige in public opinion, but the global economic
structure has changed giving more weight to informal
work.
The idea of stability and long-term employment, seem to
be not only aspirations of the old era, fed by a labor norm
without updating, but also unfeasible in the current
production and competition scheme, where eventual
employment, for fees, or even informal, have far exceeded
that of formal work.

10. Enlist relevant trade policy details in terms of free-trade

agreements, tariffs, subsides, import quotas,
antidumping duties, etc.

First, we have to understand the concept of TRADE

POLICY refers to the regulations and agreements that
control imports and exports to foreign countries. The
most popular trades that our country have are: It is
known as dumping, when a product is introduced in the
market of a country at a price lower than its normal
value. This practice can cause serious damage to
national production. If we are talking about a
blockchain company, we are talking about a service,
so, in this case tariffs, subsidies import quotas and
antidumping duties does not apply for this type of
busines
4. Round up with your recommendation on which strategic decisions
might bring success to the expansion effort. [30 POINTS]
1. Should they enter the Mexican market? Yes or no?
2. When should they start doing it? Why and what are the
costs?
3. To what scale? Should they enter the National market
directly or by regional markets instead? Why?
4. Among exporting, licensing, franchising, joint ventures
and wholly owned subsidiaries, which entry mode is
their best fit?
5. Are there any acquisitions or strategic alliances to be
made?
5. Conclusions [4 POINTS]